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Select stocks drop ex-dividend

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Capital Market

Five stocks lost by 0.54% to 4.23% at 9:53 IST on BSE on turning ex-dividend today, 29 August 2013.

Meanwhile, the S&P BSE Sensex was up 170.67 points or 0.95% at 18,166.82.

Finolex Industries lost 4.23% to Rs 108.60 as the stock turned ex-dividend today, 29 August 2013, for a dividend of Rs 5.50 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 4.85% based on the closing price of Rs 113.40 on Wednesday, 28 August 2013.

Texmaco Rail & Engineering lost 1.75% to Rs 30.95 as the stock turned ex-dividend today, 29 August 2013, for a dividend of Re 1 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 3.23% based on the closing price of Rs 30.95 on Wednesday, 28 August 2013.

 

Uflex lost 1.75% to Rs 61.75 as the stock turned ex-dividend today, 29 August 2013, for a dividend of Rs 2.40 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 3.81% based on the closing price of Rs 62.85 on Wednesday, 28 August 2013.

Gujarat Alkalies & Chemicals lost 0.75% to Rs 151.85 as the stock turned ex-dividend today, 29 August 2013, for a dividend of Rs 3.50 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 2.28% based on the closing price of Rs 153 on Wednesday, 28 August 2013.

Shree Ganesh Jewellery House (I) lost 0.54% to Rs 64.55 as the stock turned ex-dividend today, 29 August 2013, for a dividend of Rs 3 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 4.62% based on the closing price of Rs 64.90 on Wednesday, 28 August 2013.

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First Published: Aug 29 2013 | 9:52 AM IST

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